Description
NSE admits various commercial papers from multiple issuers including Angel One, CESC, ICICI Securities, Aditya Birla Capital, SIDBI, IIFL Capital, Nuvoco Vistas, Godrej Properties, and Axis Securities to the debt market segment effective November 20, 2025.
Summary
NSE has admitted 10 commercial papers from 9 different companies to the debt market segment effective November 20, 2025. The securities include fresh issues from Angel One Limited, CESC Limited, ICICI Securities Limited (2 issues), Aditya Birla Capital Limited, SIDBI, IIFL Capital Services Limited, Nuvoco Vistas Corporation Limited, Godrej Properties Limited, and Axis Securities Limited. All instruments are commercial papers with varying tenures ranging from December 2025 to May 2026.
Key Points
- 10 commercial papers admitted to dealings on NSE Debt Market Segment
- Effective date: November 20, 2025
- Issuers include financial services companies, capital market intermediaries, and corporates
- Face value for all instruments: ₹5,00,000 per security
- Allotment dates: November 19-20, 2025 (except one issue allotted March 24, 2025)
- Maturity dates range from December 17, 2025 to May 22, 2026
- Total quantity across all issues: 65,500 securities
- Largest issue: SIDBI CP with 35,000 securities (₹1,750 crore)
Securities Details
Angel One Limited
- Security: AOL CP 18/02/26 Sr 60 (INE732I14CN5)
- Quantity: 2,000 securities
- Issue Price: ₹4,90,546
- Allotment: November 19, 2025
- Redemption: February 18, 2026
CESC Limited
- Security: CESC CP 18/02/26 (INE486A14FV1)
- Quantity: 6,000 securities
- Issue Price: ₹4,92,425
- Allotment: November 19, 2025
- Redemption: February 18, 2026
ICICI Securities Limited (Issue 1)
- Security: ISEC CP 09/03/26 (INE763G14D03)
- Quantity: 7,500 securities
- Issue Price: ₹4,90,220
- Allotment: November 19, 2025
- Redemption: March 9, 2026
Aditya Birla Capital Limited
- Security: ABCL 14/05/26 Sr 90 (INE674K14BB2)
- Quantity: 500 securities
- Issue Price: ₹4,84,329.5
- Allotment: November 19, 2025
- Redemption: May 14, 2026
Small Industries Development Bank of India
- Security: SIDBI CP 18/02/26 Sr 17 (INE556F14LR6)
- Quantity: 35,000 securities
- Issue Price: ₹4,92,631
- Allotment: November 19, 2025
- Redemption: February 18, 2026
IIFL Capital Services Limited
- Security: ISL CP 20/05/26 Sr 41 (INE489L14652)
- Quantity: 500 securities
- Issue Price: ₹4,79,784.5
- Allotment: November 19, 2025
- Redemption: May 20, 2026
Nuvoco Vistas Corporation Limited
- Security: NVCL CP 17/12/25 (INE118D14985)
- Quantity: 2,000 securities
- Issue Price: ₹4,97,538
- Allotment: November 19, 2025
- Redemption: December 17, 2025
ICICI Securities Limited (Issue 2)
- Security: ISEC CP 20/02/26 (INE763G14XZ4)
- Quantity: 4,500 securities
- Issue Price: ₹4,66,783
- Allotment: March 24, 2025
- Redemption: February 20, 2026
Godrej Properties Limited
- Security: GPL CP 18/02/26 Sr 89 (INE484J14ZM4)
- Quantity: 1,500 securities
- Issue Price: ₹4,92,543
- Allotment: November 20, 2025
- Redemption: February 18, 2026
Axis Securities Limited
- Security: ASL CP 22/05/26 Sr 50 (INE110O14GX2)
- Quantity: 6,000 securities
- Issue Price: ₹4,83,375
- Allotment: November 20, 2025
- Redemption: May 22, 2026 (date appears incomplete in source)
Regulatory Changes
No regulatory changes. This is a routine listing notification issued in pursuance of Regulation 3.1.1 of the National Stock Exchange Debt Market (Trading) Regulations.
Compliance Requirements
No new compliance requirements for market participants. This circular is informational, notifying members about the admission of privately placed securities to the debt market segment.
Important Dates
- Effective Date for Trading: November 20, 2025
- Allotment Dates: November 19-20, 2025 (majority of issues)
- Shortest Maturity: December 17, 2025 (Nuvoco Vistas CP)
- Longest Maturity: May 22, 2026 (Axis Securities CP)
Impact Assessment
Market Impact: Minimal. This is a routine listing notification that provides liquidity options for institutional investors in the debt market segment. The admission of these commercial papers expands the available universe of short-term debt instruments.
Operational Impact: None for equity market participants. Relevant only for debt market participants and investors in commercial papers.
Issuer Impact: Provides listed status to privately placed commercial papers, potentially enhancing secondary market liquidity for investors in these instruments.
Impact Justification
Routine listing notification for commercial papers from multiple issuers. Standard operational update with no regulatory changes or compliance requirements for market participants.